2025 Session Last amended: 2025 session

§ 15D.04 — Definitions

Plain-Language Summary

This section describes the powers of the Authority. It can issue bonds, make loans, and enter agreements to help eligible institutions finance their projects.

Practical Notes
The Authority has broad powers to help health and education institutions borrow money. It can issue revenue bonds, which are repaid from the institution’s own revenues rather than from taxes.